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Risk Management

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From criminal activity to onsite injuries to natural disasters, self-storage operators must predict and and mitigate all manner of business threats. Important aspects to managing risk include understanding legal issues, practicing theft prevention, investing in insurance coverage, and keeping pace with laws that affect the industry.

Three California self-storage operators have been sued in separate lawsuits in the last two weeks for alleged violations of the Americans With Disabilities Act (ADA). The suits were filed in the Central District of California by the same plaintiff...

The former manager of Mount Zion Self-Storage in Mount Zion, Ill., was arrested in February under suspicion of stealing $117,000 from the business during a five-year period. The embezzlement estimate has since ballooned to as much as $1 million...

Apple Self Storage, which operates 31 locations in New Brunswick, Nova Scotia and Ontario, Canada, is offering four weeks of free storage to people who’ve been affected by the flooding in South New Brunswick. Those who wish to take advantage...

An alleged burglar was arrested on Monday at A-1 Self Storage in Santa Fe, N.M., after an hours-long standoff with police. Officers responded to 1224 Rodeo Road about 6 p.m. after a caller claimed there was a man with a large knife inside his...

The year has started positively for self-storage operators in Alabama, Indiana and New Jersey, with lawmakers in those states passing industry-favorable updates to laws that affect facility operation and lien-sale procedures. This video examines...

A four-alarm fire destroyed more than 150 self-storage units on Sunday at a Public Storage facility in Laguna Hills, Calif. A passerby reported the fire at 3:22 a.m., bringing to the scene 100 firefighters who fought the blaze for more than four...